Association Of Independent Kentucy College And Universities Inc

Organization Overview

Association Of Independent Kentucy College And Universities Inc is located in Frankfort, KY. The organization was established in 1919. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2023, Association Of Independent Kentucy College And Universities Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Independent Kentucy College And Universities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Association Of Independent Kentucy College And Universities Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

A CONSORTIUM OF REGIONALLY ACCREDITED, PRIVATELY FUNDED, ACADEMIC INSTITUTIONS IN KENTUCKY

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONDUCT THE COOPERATIVE EDUCATIONAL PROGRAMS OF THE INDEPENDENT KENTUCKY COLLEGES AND UNIVERSITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Krista Hudson
VP Of Financ
$147,738
Mason Dyer
President
$145,408
Onyejindu Oleka
Former Presi
$76,696
Dr Terry Allcorn
Director
$0
Dr Rosemary Allen
Director
$0
Dr Kevin Brown
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$509,020
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$237,600
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$746,620
Total Program Service Revenue$268,831
Investment income $5,876
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$6,157
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,015,170

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